Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: ztect who wrote (4115)	1/17/1999 9:35:00 PM
From: Kimberly Lee	Read Replies (1) of 5102

ztect, I am not sure about the exact restrictions for a new issue to split its stocks, but I heard from somewhere that there is 120 day moratorium. Another vague source informed me that the moratorium extends to 180 days. Honestly, I don't know for sure. EBAY, for instance, started trading in the second and beyond market in late September. At several points in Dec and Jan, it went above 300, and I am sure if the management was allowed to announce a 2-1 split, they would have done it then.

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